As we enter the last calendar month in 2017 we also enter the final month of the real estate year. As brokers when it comes to your mortgage in Oakville, our team is prepared to help ensure you get the best product for your personal needs.
If there is one thing we learned about the Oakville housing market this past year it’s that being able to afford a home might …
You may have heard your neighbours talk about it, or maybe you’ve been keeping an eye on the market yourself.
Thanks to mortgage interest rates that have been as low as ever, homeowners across the country are opting to refinance their mortgage to save big money on their monthly payments.
People refinance their mortgage by using a new loan associated with a lower mortgage rate to take over their current mortgage that …
In the latest local market update, we begin to see the start of a slow-down in the Oakville housing market.
Are home sales finally beginning to cool off?
Per the most recent statistics from the Oakville, Milton and District Real Estate Board, home sales in May were down 19% year-over-year while the number of new listings jumped more than 40%.
Local inventory continues to rise, but the slow-down in sales could be an …
Homeowners are barely getting by as it is. If Oakville mortgage rates were to increase even slightly, what kind of effect would it have?
When it comes to affording payments on their home, even the slightest increase could be a deal breaker for many homeowners. That’s why it didn’t come as much of a surprise when a recent study by Manulife Bank revealed that almost ¾ of Canadian homeowners would have …
Market Update & Mortgage Rates Oakville Ontario
Three months into 2017 and we aren’t seeing any kind of slowdown in the Oakville housing market.
Per the Oakville, Milton and District Real Estate Board, total property sales jumped 17% in March 2017 compared to March 2016 with 974 units sold last month.
These solid numbers are a sure indication that the Spring market is here, says the President of the OMDREB. As we move …
Mortgage Rates Oakville
Looking from the outside in it’s easy to assume that mortgage rates are simply driven and adjusted by economic factors. However, there’s a lot more to it than just what the Bank of Canada does.
For starters, there are two types of mortgage rates that people get with a mortgage.
The first is a variable rate, which changes with the prime lending rate that is set by the Bank of …
A recent article from Canadian Mortgage Trends found that 8 in 10 millennials will purchase a home within the next 5 years. Currently, roughly 34% of the Canadian housing market is made up of millennial homeowners.
If you’re interested in entering the housing market and want the best mortgage rates Oakville, we can help.
With home prices climbing at near-record paces, how are these millennials planning to buy?
According to the article, 70% …
Oakville Mortgage – James Loewen
After operating at a torrid pace in 2016, home sales cooled down in the final month of the year.
As qualified Oakville mortgage professionals, the Loewen Group Mortgages team is always looking for ways to help their clients and keep them informed.
Per the Oakville, Milton and District Real Estate Board, all property sales experienced an 8.5% drop in December 2016 from December 2015, going from 414 to …
Mortgage Broker Oakville – Loewen Group Mortgages
Do you recall seeing any “SOLD – Over Asking!” signs on lawns across town last year? You probably do, because sellers getting more than what their original asking price was is something that happened quite often in 2016.
As a mortgage broker Oakville, James Loewen and the team at Loewen Group Mortgages are always keeping a close eye on the Greater Toronto Area and Halton …
Being a mortgage broker in Oakville, James Loewen and the team at Loewen Group Mortgages are committed to providing excellent service to each and every one of their clients.
Providing great service includes offering the most up-to-date, relevant and useful information possible. Therefore, we are consistently tracking the local area’s monthly real estate statistics.
Per the Oakville, Milton and District Real Estate Board, October 2016 experienced a slight drop in property sales …
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